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3.51% 5.9¢ magmatic resources limited

Ann: Quarterly Activities Report - September 2023, page-10

  1. knaomi
    1,178 Posts.
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    31/10/23
    15:11
    Post #: 70643735
    So, with only two quarters of funds remaining the question becomes do they do a raise this month before results or wait until afterwards?

    Most brokers wouldn't be interested unless there was pending news they could sell into.

    If MAG waits until the results and they are sh!te, then expect a cap raise at a significantly lower price than now.
    MAG Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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